Supply Demand: Supply Demand: The concept of supply & demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high! Highlights: The price of any item is determined by the supply of that item, as well as the [...]

Millennial homeownership rate increases - Recent headlines exclaimed the homeownership rate, as reported by the Census Bureau, rose again in the second quarter of 2017. What didn’t get much attention in the reports is that the homeownership rate for American households under the age of 35 increased a full percentage point from last quarter’s 34.3% [...]

Buyer demand - The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between [...]